Fed Vice Chairman Fischer to resign for 'personal reasons'
Yellen has said she intends to serve out her current term but has declined to say whether she would consider serving another term. The vice president of the US Federal Reserve Stanley Fischer announced his resignation on Wednesday.

House to vote on Hurricane Harvey aid measure

"We have to deal with Harvey, we have the debt ceiling, we have a continuing resolution, which will be just about a three-month continuing resolution".

As of last week, the House was set to actually consider a $876 million cut from FEMA's disaster relief accounts to help fund Trump's promised U.S. -Mexico border wall.

If the first Harvey measure passes, Congress is also expected in the coming weeks or months to agree to billions more in additional aid, with much of the first batch replenishing Federal Emergency Management Agency coffers.

The legislation now heads to the Senate where lawmakers may attach a provision to raise the debt ceiling, which Treasury Secretary Steven Mnuchin has requested.

Capitol Hill's top Democrats say they're willing to pair a short-term increase in the government's borrowing cap with the Harvey aid bill.

But in a new wrinkle that could complicate the debt ceiling fight, Democratic leaders, including House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer, released a statement Wednesday morning backing only a three-month debt limit increase as part of the Harvey aid package. Mnuchin has said the debt limit must be raised by September 29 to avoid a default.

Wayne Rooney arrested on suspicion of drink drivingCOLEEN ROONEY is on the warpath after her husband Wayne was arrested alongside a "party girl" in her auto , according to reports. Rooney had been driving Simpson's black soft-top Volkswagen Beetle - while she was a passenger - when he was pulled over.

"Shortly before today's vote, with little time to read the final version of the package, the House attached hurricane relief funding to the READ Act, a bill that expands the size of government and ties foreign assistance to new education programs in developing countries. We have no excuse why we can't do it now with Republican leadership". Senate Republicans want to link Harvey aid to debt limit increase into 2019 after the midterm elections.

House Republicans are working to advance emergency funds for Hurricane Harvey this week while Senate GOP leaders may add a debt limit increase to the measure when it reaches their chamber, according to two people familiar with the discussions.

House Republican leaders recognize that a majority of their own members don't want to vote for a measure to raise the debt ceiling. We've got all this devastation in Texas. "There will be many ongoing discussions in Congress about passing that relief package".

Yarmuth said appropriating money for cost-sharing subsidies for Obamacare, which Democrats considered demanding, will probably be left out of the discussion.

Although the budget doesn't technically need a floor vote this month, every week that goes by makes it harder to meet the goal of tax code changes by the end of the year.

Both Amash and Massie also opposed approving aid for Hurricane Sandy in 2013, along with all but 49 of their fellow House Republicans.